Rare Mixed-Use Asset with Strong Income & VTB Option in Vineland! This turnkey asset delivers immediate, stable cash flow with excellent long-term upside in a growing and vibrant community. An attractive Vendor Take-Back (VTB) mortgage is available with as little as 20% down, offering rare and flexible financing that significantly enhances returns and lowers the barrier to entry for investors. 3905 Victoria Avenue features a well-balanced income-producing mix consisting of two fully tenanted commercial units, including the well-established Local Eat + Drink restaurant, along with four modern residential apartments above. The property has benefited from extensive capital improvements, including major upgrades to mechanical, electrical, plumbing, and structural systems-resulting in a modernized, low-maintenance building with reduced operating costs and long-term peace of mind. Ample on-site parking enhances accessibility and convenience for both commercial customers and residential tenants, further supporting strong tenant demand and retention. This is a rare opportunity to acquire a stabilized, high-quality mixed-use property with reliable income, flexible financing, and exceptional growth potential in one of Niagara's most desirable and expanding communities. (id:53712)
| MLS® Number | X12670820 |
| Property Type | Retail |
| Community Name | 980 - Lincoln-Jordan/Vineland |
| Amenities Near By | Highway |
| Features | Irregular Lot Size |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Size Interior | 8,008 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Highway |
| Size Depth | 153 Ft ,1 In |
| Size Frontage | 133 Ft ,9 In |
| Size Irregular | 133.82 X 153.15 Ft |
| Size Total Text | 133.82 X 153.15 Ft |
| Zoning Description | General Commercial |
Contact us for more information
Doug Mcnaughton
Salesperson
(905) 688-4561
www.nrcrealty.ca/
Julie Nickerson
Salesperson
(905) 688-4561
www.nrcrealty.ca/